North Carolina Man Admits Participating in Uganda-based Counterfeit Currency Scheme

PITTSBURGH - A North Carolina man pleaded guilty in federal court to of conspiracy and transferring counterfeit currency, United States Attorney David J. Hickton announced today.

Robert T. Dent, a/k/a Bullionaire, 30, pleaded guilty to two counts before United States District Judge Mark Hornak.

In connection with the guilty plea, the court was advised that Dent was a reshipper in the United States for the distribution of Ugandan manufactured counterfeit currency that was being sold online by an individual using the moniker Willy Clock. 

Judge Hornak scheduled sentencing for May 13, 2016 at 9:30 a.m.  The law provides for a total sentence of 25 years in prison, a fine of $500,000, or both.  Under the Federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.

Assistant United States Attorney Shardul S. Desai is prosecuting this case on behalf of the government.

The United States Secret Service, assisted by U.S. Postal Inspection Service and the Federal Bureau of Investigation, conducted the investigation that led to the prosecution of Dent.